What is GST Annual Aggregate Turnover ?

 Annual Aggregate turnover,New Function in GST Dashboard

 New functionality implemented by GSTN in taxpayer dashboards with the following features:

 

ü  Taxpayers can now directly see the previous Annual Aggregate Turnover (AATO) FY, instead of only two Above or up to Rs5 crore. 

ü  Taxpayers can also see the current Combined FY Profit based on refunds included to date. 

ü  Taxpayers are also now given a place to renew their income if taxpayers feel that the calculated profit plan shown on their dashboard differs from the profits as their records. 

ü  This benefit update facility will be provided to all GSTINs registered on the same PAN. All changes made by any GSTIN in their profits will be summarized in the calculation of the Combined Annual Income for each GSTIN. 

ü  A taxpayer may amend a profit twice in one month from the date of issue. Thereafter, the figures will be submitted for review by the Chief Tax Officer who can amend the amounts provided by the taxpayer. 

Note: For details, taxpayers can check the 'Advisory' section of the above operation on their dashboards.